5, BALFOUR CLOSE, WICKFORD, SS12 9QA - £505,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 BALFOUR CLOSE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £505,000 in September 2022, which was around 25% below the average September 2022 detached price in the Basildon local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

5 BALFOUR CLOSE Sold Prices

Land registry data shows three sales for 5 BALFOUR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 5 BALFOUR CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 29 SEP	£505,000	£674,042	25% below HPI
2009 2 OCT	£262,500	£317,851	17% below HPI
1996 27 JUN	£94,950	£99,552	5% below HPI

5 BALFOUR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 5 BALFOUR CLOSE sales between June 1996 and September 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 BALFOUR CLOSE?

5 BALFOUR CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses by size in Wickford, and where 5 BALFOUR CLOSE lies on this distribution: 38% of detached houses are smaller than 5 BALFOUR CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wickford.

5 BALFOUR CLOSE: Plot and Title Map

5 BALFOUR CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 5 BALFOUR CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 BALFOUR CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 BALFOUR CLOSE?

5 BALFOUR CLOSE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 5 on BALFOUR CLOSE.